This calculator allows you to plan for a future periodic payment
for example planning for a nursing home. Once your income earning years are over
you will have to rely on your savings (and the interest they accumulate)
to pay for your cost of living.

Inputs

Starting Principal:

Initial sum you start with

$

Growth Rate:

average interest rate (depends on types of investments)

%

Years to Pay Out:

Annual Payout Amount:

$

Disclaimer

The calculators at this site are designed to help
you to understand the issues that need to be considered in determining the
investment option or options suitable for you. However, the calculators should
not be seen as a substitute for professional advice from a financial planner
who takes into account your personal financial circumstances and needs. We
strongly recommend that you discuss your requirements with a qualified
financial adviser, who can take into account your personal financial position
and can help you choose a strategy that suits your own personal circumstances.